Average Loan Administrator Salary in New York, New York

$50,000
Avg. Salary
$0
Bonus
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The average salary for a Loan Administrator in New York, New York is $50,000.
10%
$34k
MEDIAN
$50k
90%
$82k
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United States (change)
Salary
$34k - $82k
Total Pay
$35k - $96k

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Job Description for Loan Administrator

Loan Administrator Tasks
  • Assess loan applications and credit reports.
  • Maintain legal documentation and ensure accuracy.
  • Develop and negotiate plans with borrowers.
  • Answer questions and interview applicants.

Loan Administrator Job Listings

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Popular Skills for Loan Administrator

Skills in Commercial Loans are correlated to pay that is above average. Skills that pay less than market rate include Loan Processing and Loan Documents.

Pay by Experience Level for Loan Administrator

An early career Loan Administrator with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $52,874 based on 8 salaries. A mid-career Loan Administrator with 5-9 years of experience earns an average total compensation of $65,000 based on 6 salaries. An experienced Loan Administrator with 10-19 years of experience earns an average total compensation of $50,000 based on 6 salaries.
Employees with Loan Administrator in their job title in Los Angeles, California earn an average of 50.0% more than the national average. These job titles also find higher than average salaries in Boston, Massachusetts (22.3% more) and Dallas, Texas (14.3% more). The lowest salaries can be found in Atlanta, Georgia (11.9% less).

Years of Experience

This data is based on 20 survey responses.
Early Career
40.0%
Mid Career
30.0%
Experienced
30.0%